Spotify: A New Challenger on the Radio Waves

BWest 6/19: Spotify Ltd., the music-streaming service, is adding a free radio feature in the US that will compete with Pandora Media Inc. for listeners on mobile devices
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Stockholm (AFP) - Swedish music streaming service Spotify said it now has 15 million paying subscribers in what analysts on Tuesday called a timely boost to the company's revolutionary and controversial model.

SAN FRANCISCO: Apple's iTunes helped change the way music-lovers bought their favorite songs, replacing plastic discs with digital downloads. Now the maker of iPods and iPhones wants to carve out a leading role in a revolution well under way, with a new, paid streaming-music service set to launch this summer.

SAN FRANCISCO: Apple's iTunes helped change the way music-lovers bought their favorite songs, replacing plastic discs with digital downloads. Now the maker of iPods and iPhones wants to carve out a leading role in a revolution well underway, with a new, paid streaming-music service set to launch this summer.

SAN FRANCISCO: Apple's iTunes helped change the way music-lovers bought their favorite songs, replacing plastic discs with digital downloads. Now the maker of iPods and iPhones wants to carve out a leading role in a revolution well underway, with a new, paid streaming-music service set to launch this summer.

Venture Beat reported that streaming service, Pandora, rolled out a range of updates for its users. From today, Pandora will contain a “Browse” feature, which will give users access to artists and soundtracks according to their preferences. Users can also use the feature to discover new stations available on the service.

On Monday, Apple finally unveiled its long-awaited new streaming music service, marking its entrance into an already crowded and competitive field. Here’s how it stacks up against the established popular music services: Apple Music

Pandora has plunged 5.52% over the last five days after reports surfaced that the Internet radio service provider would not be able to compete with Spotify. Pandora has shed nearly 50% of its value in the past 12 months.

The Verge reports that Spotify has introduced a new “Party” feature, letting users “beat-match” tracks and play them in smooth transitions. Unlike other playlists, this new feature ensures that all 120 songs generated by DJ Diplo play non-stop.